[September 23, 2021]

ThreatX Named a Visionary in the 2021 Gartner® Magic Quadrant™ for Web Application and API Protection

ThreatX, the leader in Web Application and API Protection (WAAP), today announced it has been recognized as a Visionary in the Gartner (News - Alert) 2021 Magic Quadrant for Web Application and API Protection¹ for its completeness of vision and ability to execute.

"We are thrilled to be recognized as a Visionary in the Gartner Magic Quadrant for WAAP," said Gene Fay, CEO of ThreatX. "2021 sees ThreatX more than doubling in all the ways that count: employees, customers, and revenue. We are taking full advantage of this launching pad and believe that with continued awareness of the WAAP space, ineffective solutions such as legacy Web Application Firewalls (WAFs) will continue their path toward extinction."

ThreatX has always been laser focused on web application and API security, offering organizations an attacker-centric approach to protect critical infrastructure and ensure that businesses continue to run. Web applications and APIs are the primary targets of attackers today. The ThreatX platform shields global enterprise clients from a wide variety of threats, including traditional exploits, API-specific risks, bots, and DDoS attacks.

ThreatX's risk-based methodology is unique in the industry. The company's single risk engine employs multiple detectin techniques to build a dynamic profile of threat actors as they move through the cyber kill chain and delivers singular, high-confidence verdicts that protect organizations from threats. ThreatX backs up its innovative technology with 24x7 access to application security experts, ensuring that web applications and APIs are protected from malicious actors and that customers are optimizing the platform's efficacy.

Before its inclusion in the Gartner 2021 Magic Quadrant for Web Application and API Protection, ThreatX announced a successful $10 million funding round in June dedicated to accelerating business and strengthening its position in the market.

To access the full Gartner report, click here. To learn more about ThreatX's platform, visit https://www.threatx.com/.

Gartner Disclaimer

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About ThreatX

The ThreatX web application and API protection (WAAP) platform makes the world safer by protecting web applications and APIs from all threats, including API abuse, BOT attacks, DDoS attempts, exploitations of known vulnerabilities, and zero-day attacks. Its multi-layered detection capabilities accurately identify malicious actors and automatically initiate appropriate action. ThreatX effectively and efficiently protects web applications and APIs for companies in every industry across the globe. For more information, visit: https://www.threatx.com/

¹ Gartner, Magic Quadrant for Web Application and API Protection, 20 September 2021, Jeremy D'Hoinne et. al.

GARTNER and Magic Quadrant are registered trademarks and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.

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